DislikedHi Moneda
What a great post.
I have heard of the one co lour candle idea before, someone once also explained a no candles method, I am not sure how that was supposed to work.
I want to mention of an example from this morning – it has been demonstrated many more times than this, but it is something on which I would like to comment given your post.
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What an excellent in depth look at the workings of your mind(and ours as well)... your comments should not be confused with "paralysis through analysis" syndrome on the contrary, it is about reflection, honesty and realizing that trading is much more than the blueprint that we are using for entries and exits... yes, we need some structure but there is another ingredient that can not be put into words..... something that we all have the potential to experience and develop over time but many times we are our worst enemy. I make no claims here that I have "arrived"... I am dealing with my monkey mind all the time. Yes, this thing is developed with a combination of many trades, sticking to a method(with some flexibility), becoming so familiar with a currency that you begin to understand its dance(not to be confused with predicting its movement) Don't you think that if Feb or Fx or Dare or any other successful trader could inject you with this "thing" they would gladly share it with you? Ok, I know that this all sounds like a bunch of mental gymnastics but is the best that I can do to communicate something that can not be understood unless you experience it. One of the best thing you can do (at least at the beginning) is to be like a robot when it comes to entries and more like an eagle when it comes to exits.. ... I getting carry away with my blah, blah, blah...
I do wish you all the best,
Unus pro omnibus, omnes pro uno